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CODX has been in the news 818% more than usual

Oct 30, 2025, 12:32 AM
-24.31%
What does CODX do
CoDiagnostics, based in Salt Lake City, develops molecular tools for infectious disease detection, cancer screening, and agriculture, employing 155 staff. The company went public in July 2017 and is creating a portable diagnostic system for at-home use.
CODX has been in the news recently: Co-Diagnostics, Inc. has entered a securities purchase agreement to sell 12,727,272 shares at $0.55 each, aiming to raise approximately $7 million. Following this announcement, the company's shares fell over 50%, despite reporting a 15% increase in revenue for the quarter due to strong demand for its new product line.
📡️ Health Care
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